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HomeMy WebLinkAboutRES CC 2012 3138 2012 1017 RESOLUTION NO. 2012-3138 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2012/13 BUDGET TO APPROPRIATE FUNDS FROM CITYWIDE TRAFFIC MITIGATION FUND (2002) FOR ADDITIONAL CONSTRUCTION COSTS FOR THE STATE ROUTE 23 SOUNDWALLS AT TIERRA REJADA ROAD INTERCHANGE (PROJECT 8079) WHEREAS, on June 20, 2012, the City Council adopted the Operating and Capital Improvements Projects budget for Fiscal Year 2012/2013; and WHEREAS, the adopted budget includes the State Route 23 Soundwalls at Tierra Rejada Road Interchange Capital Improvement Project 8079 with a total appropriation of $1,764,046.00; and WHEREAS, by Resolution No. 2012-3116 the City Manager is authorized to amend the capital improvement budget for Fiscal Year 2012/13 after final accounting of Fiscal Year 2011/12 project expenditures to reflect the continuing appropriations as long as total project appropriation authorized by the City Council is not exceeded. Staff estimates that the adopted budget of $1,764,046.00 will have to be decreased by $6,251.74 to $1,757,794.26; and WHEREAS, a staff report has been presented to the City Council requesting a budget adjustment increase of $160,750.00 from Citywide Traffic Mitigation Fund (2002); and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and its resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget amendment in the aggregate increase of $160,750.00 as more particularly described in Exhibit "A", is hereby approved. Resolution No. 2012-3138 Page 2 SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 17th day of October, 2012. '► 4 S. Parvin, Mayor droo¢Pa cq��09 ATTEST: � a O n Maureen Benson, City Clerk p94r Attachment: Exhibit 'A': Appropriation and Budget Detail Resolution No. 2012-3138 Page 3 EXHIBIT "A" BUDGET AMENDMENT FOR CITYWIDE TRAFFIC MITIGATION FUND (2002) TO INCREASE FUNDING FOR THE STATE ROUTE 23 SOUNDWALLS AT TIERRA REJADA ROAD INTERCHANGE (PROJECT 8079) FY 2012-2013 FUND ALLOCATION FROM: Fund Account Number Amount Citywide Traffic Mitigation 2002-5500 $ 160,750.00 Total I $ 160,750.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget* Revision Amended Budget 2002.6440.8079.9601 $ 65,624.26 $ $ 65,624.26 2002.6440.8079.9640 $ 1,471,500.00 $ 160,750.00 $ 1,632,250.00 2002.6440.8079.9650 $ 220,670.00 $ $ 220,670.00 Total $ 1,757,794.26 $ 160,750.00 $ 1,918,544.26 * Reflects continuing appropriation for FY 2011/12 Resolution No. 2012-3138 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2012-3138 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 17th day of October, 2012, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None WITNESS my hand and the official seal of said City this 25th day of October, 2012. Maureen Benson, City Clerk (seal) o O a � f,' R /